Corn futures are trading with losses of a penny to 1 ½ cents so far on Friday. The CmdtyView national average Cash Corn price is down another penny cents at $3.78 ¼.
The USDA reported another private export sale of 206,460 MT of 2025/26 corn to unknown destinations this morning.
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This morning the White House also reported that Taiwan agreed in commitments to buy $10 billion of US ag goods over the next 4 year, with USDA secretary Brooke Rollins citing corn, soybeans, wheat, and beef directly. The last 5 years has seen Taiwan purchases ranging from $3.2 to 4.2 billion per year, with the 4 products cited ranging from $1.6 to $2.5 billion.
USDA’s Export Sales report now has total corn commitments at 23.833 MMT, which is up 68% from last year and the second largest for this week on record. That is also 32% of the USDA export forecast compared to the 29% average pace.
Dec 25 Corn is at $4.22 3/4, down 1 cent,
Nearby Cash is at $3.78 1/4, down 1 cent,
Mar 26 Corn is at $4.40 1/4, down 1 1/4 cents,
May 26 Corn is at $4.50, down 1 1/2 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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